Washington DC Member Summit - May 17 Claudia Gonella, Director Marketing & Communications, GRESB Neil Pegram, Director of Americas, GRESB

1. Communicating and promoting
your GRESB Results

2. Who
How
Why
What
Communicating your GRESB Results

3. Who

4. Who is the GRESB Assessment for?
4
INSTITUTIONAL
INVESTORS
GRESB ASSESSMENT
FUND MANAGERS
ASSET OPERATORS
LISTED COMPANIES

5. Institutional Investors
5
$ 17 trillion
Institutional capital represented by over 70 GRESB
Investor Members

6. Fund / Company and other stakeholders
• Tenants
• Public / Industry
• Community
• Sustainability
• Investor Relations
• Board & Management
• Marketing
• Tenant relations / leasing
• Employees

7. Why

8. Investment objectives
1.
ESG Integration: Where the key objective is to improve the risk-
return characteristics of a portfolio.
2.
Values based investing: Where the investor seeks to align their
portfolio with internal norms, beliefs and policies.
3.
Impact investing: Where investors want to use their capital to
trigger change for social and environmental purposes.

9. Why do you communicate your
ESG performance to investors?

10. ⎕Improve brand reputation
⎕Increase confidence and trust
⎕Raise awareness of strengths and competitiveness
⎕Demonstrate that sustainability activities drive business value
⎕Deliver additional arguments to invest
⎕Stand out in competitive fund raising environment
⎕Demonstrate effective risk management and mitigation
⎕Demonstrate ability to respond to societal expectations and changing
conditions
⎕Demonstrate ability to create and sustain value
⎕Meet investor need for carbon footprint reporting and meeting internal ESG
criteria and policies
Why do you communicate to investors?

11. What

12. GRESB provides the language and format that
investors are looking for
• Includes the material issues, risk and opportunities that institutional
investors seek
• Provides a standardized international language
• Enables a global benchmark of performance
• Validation ensures reliable data
• Framework is aligned with international reporting standards and
guidelines

13. What GRESB results to communicate?
13
GRESB Score
Green Star
Portfolio Impact
GRESB 1-5 Star Rating
Peer Ranking
Absolute
Relative

14. GRESB Score
Absolute score, based on the 2 dimensions of the GRESB Model

15. Green Star
Absolute score, based on the 2 dimensions of the GRESB Model
Entities with a
score higher than
50 on both IM and
MP dimensions
are called Green
Stars

16. Portfolio Impact
Example: Absolute energy, GHG, footprint
Portfolio Impact
Example: Absolute energy, GHG, footprint

17. GRESB Rating
Relative: 5 Star rated entities are in the Top 20%
17

18. GRESB Rankings
Relative: Peer group rankings
18
Listed

19. Levels of detail
19
Overall
Scores
Aspects
Indicators

20. Scorecard
20

21. Benchmark Report
21
__________
__________
__________
__________
__________
__________
__________
…
__________
__________
__________
__________
__________
__________
__________

22. Portfolio Analysis Tool
22
1. Create your aggregate portfolio of holdings
2. Distribute weights for your investments:
• Value-weighted (investment allocation)
• Equally-weighted (same allocation)
3. Define the benchmark:
• Region
• Property types
• Legal status
• Investment strategy

23. Response Tracker

24. How

25. Stakeholders
• Investors / Investor Relations
• Board and Management
• Marketing, tenant relations…
• Employees
• Public / Industry
• Tenant / Community

26. Investor Relations Slide Deck

27. Annual Investor Webinar

28. Annual Investor Webinar
• Entity 1 (Overall score 86)
• Entity 2 (Overall score 81)
• Entity 3 (Overall score 81)
• Entity 4 (Overall score 86)
• Entity 5 (Overall score 80)
• Entity 6 (Overall score 81)

29. Quantitative ESG data
PERFORMANCE DATA
ABSOLUTE LIKE FOR LIKE INTENSITY
Energy
Carbon
Water
Waste
2016 2016 20162017 2017 2017
46,600MWh 49,600MWh 48,690MWh 46,600MWh 93.6kWh/m2 94.6kWh/m2
39,328tCO2 39,408tCO2 38,850tCO2 38,624tCO2 75.kg/CO2/m2
605,105kL 615,555kL 601,413kL 607,987kL 1.17kl/m2 1.12kL/m2
11,039t 11,235t 11,258t 11,006t 38% 38%
75.kg/CO2/m2

30. Goals and Progress

31. Annual Sustainability Goals Summary
The Fund’s 2016 ESG goals are outlined below. The goals are based on the Fund’s sustainability
Strategy and the results of the GRESB Assessment.
Area 2016 Goal Status
Refurbishments Ensure all refurbishments consider sustainability
outcomes
Energy and water efficiency Reduce energy and water consumption intensity
by 2%
Green building certification Get 100% LEED certification
GRESB Maintain or improve GRESB score
Climate resilience Complete risk assessments for all assets in
portfolio, develop adaptation strategy and create
portfolio summary report
Tenant engagement Issue tenant sustainability guide to all Fund’s
tenants

32. [1]
Compared to baseline year of 2016.
[2]
Products that meet specific environmental criteria, including green certification or accreditation by reputable, independent third parties.
[3]
HK Portfolio and Mainland China Portfolio refer to office and retail portfolio in Hong Kong and Mainland China respectively, excluding hotels.
[4]
Carbon intensity target references the business-as-usual (“BAU”) baseline level in 2008 for our HK portfolio, and the BAU baseline level in
the first year for which a complete calendar year of data was available for projects in our Mainland China portfolio.
[5]
HK Portfolio refers to office and retail portfolio and hotels in Hong Kong.
[6]
Energy consumption refers to purchased electricity for the provision of shared services for and in the common parts of our buildings
with reference to the BAU baseline level in 2008 for our HK portfolio, and the BAU baseline level in the first year for which a complete
calendar year of data was available for projects in our Mainland China portfolio.
[7]
HK Portfolio and Mainland China Portfolio refer to office and retail portfolio and hotels in Hong Kong and Mainland China respectively.
[8]
Accumulative figures at 31st January 2018.
[9]
Building Environmental Assessment Method
[10]
Leadership in Energy and Environmental Design
[11]
Disclaimer: www.swireproperties.com/sd/awards/mscidisclaimer.html
We aim to create an environment where our employees will be
healthier, happier and more productive, to invest in our employees and
provide rewarding career paths so as to develop a diverse and
industry-leading team.
We aim to continue to develop long-term, mutually beneficial relationships
with our business partners and other key parties so as to improve our
environmental, social, and economic performance.
Safety, Health and Wellbeing
Diversity and Inclusion (D&I)
Volunteering
Maintain LTIR below 2.0
Establish a D&I Committee and
adopt a D&I Statement of
Commitment
2020 KPI2017 Progress
LostTimeInjuryRate(LTIR): 1.43
21% vs. 2016
>6,700servicehours
Women hold
49% of management positions
20% in participation[1]
16%Traininghours/employee/year[1]
25%
Talent Retention
~53%ofoffice spaceoccupied by
tenants who have signed Green Pledges
in TaiKoo Hui, Guangzhou
Suppliers
Tenants
Expand the Green Pledge
Programme to other portfolios
Implement green procurement
system in HK and
Mainland China
HK$378million
Green Procurement spending[2]
2017 Progress 2020 KPI
7.9 million kWh potential annual
energy savings from free energy audits
for HK & Mainland China tenants (since 2008)
underlying profit attributable to shareholders
HK$7,834million
Financial Performance
2017 Progress 2020 KPI
Long-term sustainable growth
in shareholder value
To be the leading
sustainable development
performer in our industry
globally by 2030.
Our SD Vision
To achieve this vision, we have
developed our SD 2030 Strategy,
which is built on five strategic pillars
and embraces the spirit of Creative
Transformation. Achieving our vision
will require constant innovation and
experimentation, as well as ongoing
communication and engagement.
In 2017, we translated SD KPIs into
team-level targets for all areas of our
business, and SD focus areas have
been integrated into our annual
budget processes.
This document highlights our SD
performance in 2017. For the scope
and more details, please refer to our
Sustainable Development Report
2017.
Issued first green bond
US$500million at coupon rate of 3.5%
Green Financing
Disclosure & Reporting
Review, develop and issue
green bond
[11]
We aim to continue to design, construct and
manage high quality developments that
contribute positively to the communities in
which we operate and the environment.
Climate Change
Energy[5]
Waste[7]
Building/Asset Investment[7][8]
HK Portfolio[3]
Commercial waste
diversion rate
Commercialwaste
recyclingrate
20% 22%
Mainland China
Portfolio[3]
Carbon intensity[4]
23% 21%
25%
2017 Progress
2020 KPI
Energy consumption[6]
20%
30buildings have obtained BEAM[9]
or
BEAM Plus certification
30buildings have obtained LEED[10]
certification
100% of projects under
development achieve the highest
assessment ratings
( 26%)
( 20%)
HK
64 million kWh/year
Mainland China
23 million kWh/year22%
We aim to deliver sustainable economic
performance coupled with good corporate
governance and high ethical standards.
©2018SwirePropertiesLimited
Through effective placemaking and
long-term placekeeping, we aim to continue
to transform the places in which we invest so
as to create value, while retaining their
character, supporting our communities and
enhancing people’s lives.
51million
kWh/year 17 million
kWh/year
HK 27%
Mainland China 21%
Conduct climate risk assessment
SUSTAINABLE DEVELOPMENT (SD) 2030 STRATEGY: 2017 HIGHLIGHTS
Sustainability Strategy and highlights

33. Press Releases

34. Email and social media

35. Case Study

36. Tenant Engagement

37. Celebrating sustainability accomplishments
JOSH
BOET
ENGINEER EFFICIENCY RECORD:
Overall Energy Reduction from 2011: 5%
Overall Water Reduction from 2011: 4%
Yearly Reclaimed Water Use: 2.3 Million Gallons
JOSH BOET
2211 MICHELSON
IRVINE, CA
ENERGY STAR Certifications: 2010, 2012, 2013, 2014
Years at KRC: 5 years
Years in Engineering: 15 years
SIGNIFICANT ACCOMPLISHMENTS:
2012 BOMA TOBY Award
2013 BOMA TOBY Judge
BOMA Certified Engineer
ENERGY STAR Certifications
IMPORTANT PROJECTS:
Lighting Retrofit with Bilevel Stairwell Lights
PhaseChange Pilot
Demand Response
Gridium Energy Management Optimization
ROBERT
BERUBE
ROBERT BERUBE
KILROY AIRPORT CENTER
LONG BEACH, CA
ENGINEER EFFICIENCY RECORD:
International BOMA TOBY Award - Suburban Office Midrise
International BOMA TOBY Award - Earth Award
ENERGY STAR Certifications: 2010, 2011, 2012, 2013,
2014, 2015
Years at KRC: 1 year
Years in Engineering: 18 years
SIGNIFICANT ACCOMPLISHMENTS:
Los Angeles Department of Water and Power Sustainability
Partnership Award
EPA Universal Technician Certification
LEED Certification
ENERGY STAR Certification
IMPORTANT EXPERIENCE:
Chief Engineer - Kilroy Airport Center, Long Beach
Chief Engineer - Continental Grand Plaza
Chief Engineer - Constellation Place
Chief Engineer - Howard Hughes Center
SEAN
BENNETT
SEAN BENNETT
100 FIRST STREET
SAN FRANCISCO, CA
ENGINEER EFFICIENCY RECORD:
Most recent energy reduction: 1.4%
ENERGY STAR Certifications: 2003, 2004, 2005, 2006,
2007, 2008, 2009, 2010, 2011, 2012, 2014
Years at KRC: 5 years
Years in Engineering: 25 years
SIGNIFICANT ACCOMPLISHMENTS:
LEED Gold Certification (2009)
LEED Gold Recertification (2014)
2014 BOMA TOBY Award
BOMA 360 Certification
IMPORTANT PROJECTS:
Pneumatic to DDC upgrade
LED Lighting Retrofit
Demand Response Participation
Trending Load Profile Analysis
ASHRAE Level II Audit
Retrocommissioning
Building Automation System Upgrade

38. Best practices
üThe board should show sustainability leadership
üInclude sustainability performance in regular communications
üProvide quantitative ESG data as well as qualitative
üShow link with financial performance (e.g. how sustainability drives
value)
üHighlight areas of outperformance
üCommunicate effective risk management and mitigation
üShow plan to improve underperforming areas / manage risk
üSet clear targets for improvement / capturing opportunities
üInclude case studies to show how policies apply in practice

39. Appendix

40. Ideas: Communicate GRESB Results to Investors
Investor Engagement: Examples of what you can do starting Sept 5, 2018
Include GRESB results in:
• high-level CEO or board communications platforms, such as letters to investors and
quarterly earnings calls
• Talking points for Investor Relations to use in investor presentations and briefings
• Talking points for departments involved in branding, innovation and business development
• Dedicated investor ESG meeting
• Website (Rating logos available in marketing resources page)
• Annual/Sustainability/Integrated reports.
Prepare your fund-raising and management team for the ESG question that may be directed
at them.
Write a press release on GRESB results (Template available in marketing resources page)
Collaboration between Sustainability and IR is important to better communicate the
company’s sustainability story to investors and analysts

41. Ideas: Communicate GRESB Results to Public
Public Engagement: Examples of what you can do starting Sept 5, 2018
• Write a press release on GRESB results (template available in marketing
resources page)
• Add Rating logos to website (logos available in marketing resources page)
• Add Sector Leader logo to website (logos available in marketing resources
page)
• Create an infographic pulling the story out of the numbers
• Post a message to social media (example tweets, posts available in
marketing resources page)
• Email signature
• Email announcement
• Write a blog post
• Prepare a case study showing policies put to action

42. Ideas: Communicate GRESB Results to Employees
Employee engagement: Examples of what you can do starting Sept 5, 2018
• Email your employees
• Notify employees via newsletter
• Have managers inform employees during team and company
meetings
• Ask employees to update their email signature line
• Hold an event to highlight efforts made
• Feedback employee satisfaction survey results and actions

43. Ideas: Communicate GRESB Results to Tenants
Tenant Engagement: Examples of what you can do starting Sept 5, 2018
• Email announcement to tenants / property managers
• Have managers inform tenants during tenant meetings
• Hold an event to highlight efforts made
• Add GRESB results to tenant noticeboard
• Include GRESB results in newsletter
• Feedback tenant satisfaction survey results and actions

44. © 2017 GRESB BV
Unless explicitly stated otherwise, all rights including those in copyright in publication are owned by or controlled for these purposes by GRESB B.V.
Except as otherwise expressly permitted under copyright law or GRESB B.V.’s terms and conditions, no part of this publication may be reproduced,
copied, republished, downloaded, posted, broadcast or transmitted in any way without first obtaining GRESB B.V.’s written permission.

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